IAIP – Welcomes New CFA Charter Holders & Members…

Mumbai,  December 13th 2012

IAIP organized Felicitation Ceremony for the new CFA Charter holders and level 3 pass-outs in Mumbai on December 13th 2012. The event was presided by chief guest Annie Lo, Director, GIPS, CFA Institute along with Navneet Munot, CFA, Jayesh Gandhi, CFA, Vidhu Shekhar, CFA, Anil Ghelani, CFA, Biharilal Deora, CFA all directors of IAIP.  Annie explained about how CFA institute functions and how axis has shifted to Asia in terms of number of candidates and CFA charter holders. India and China lead the CFA applicants table and are also witnessing higher number of charter holders. Biharilal Deora, CFA explained the functioning of IAIP and the importance of volunteerism for the society. He also mentioned the advantages of being a member which gives a candidate access to job portal as well as numerous networking opportunities with respected people in the investment industry.  Navneet gave insight on the current economic situation and how he expects the near future to pan out while Vidhu explained the importance of the CFA charter in times of reducing level of corporate governance and lower ethical conduct in the financial industry.

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The CFA Level 3 pass outs were felicitated with a memento which had the code of ethics every CFA should abide by. For most candidates CFA charter is a dream that they have lived with for the past few years. This was the time when every candidate felt a sense of achievement. This feeling of achievement also brought a sense of responsibility which comes along with the CFA charter. Many have sacrificed their personal commitments, travel plans and recreation in order to make this day happen. Some also recited their personal experiences but the most celebrated story was of a man who became a CFA at the age of 55 years in times when median age of CFAs has been dropping rapidly.

This was an amazing time for the candidates to interact with senior people in the industry and get acquainted with the rich culture and legacy of the CFA institute and the IAIP. It was interesting to notice that level three pass outs were from varied fields ranging from pharmacy to real estate but had the same level of importance and enthusiasm towards CFA as well as the IAIP. We believe that this is just the beginning and this CFA community is set to grow by leaps and bounds in India along with a growing sense of awareness and respect towards the Charter as well as the CFA institute.

Contributions by: Kunal Sabnis, CFA, IAIP Volunteer

Photographs by: Santosh Samal

About IAIP

India Association of Investment Professionals (IAIP), which is established April 2005 and located in Mumbai, is an association of local investment professionals. As one of the 136 CFA Institute member societies, IAIP connects members to a global network of investment professionals. Consisting of portfolio managers, security analysts, investment advisors, and other financial professionals, IAIP promotes ethical and professional standards within the investment industry, facilitates the exchange of information and opinions among people within the local investment community and beyond, and works to further the public’s understanding of the CFA designation and investment industry.
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